Beware: mobile payments create an extremely attractive target for attackers.
What took years to happen in the internet / personal computer (PC) evolution is taking mere months, says Lookout Mobile Security in their 2011 report on mobile security.
Quick facts from the Lookout 2011 Mobile Security Report:
- Both web-based and app-based threats are increasing in prevalence and sophistication.
- Android users are two and a half times as likely to encounter malware today than 6 months ago and three out of ten Android owners are likely to encounter a web-based threat on their device each year.
- An estimated half million to one million people were affected by Android malware in the first half of 2011; Android apps infected with malware went from 80 apps in January to over 400 apps cumulative in June 2011.
- Attackers are deploying a variety of increasingly sophisticated techniques to take control of the phone, personal data, and money. Additionally, malware writers are using new distribution techniques, such as malvertising and upgrade attacks.
The findings in this report are based on data collected and analyzed by Lookout through our Mobile Threat Network, which includes the world’s largest database of applications and aggregates detection results from mobile devices throughout the world. The Lookout Mobile Threat Network gathers application data from a variety of sources including official application markets, such as the Android Market and Apple App Store, as well as alternative markets in which apps are distributed.